INVESTMENT ACTIVITY IN 2021 Emerging Industries
Similarly, corporations whose businesses revolve around fossil fuels, including Exxon 9 , Delta 10 and GM 11 , have made commitments to reach net-zero emissions. In order to achieve net-zero, new technologies need to be developed and scaled, including sustainable aviation fuels (SAFs), carbon capture, utilization, and sequestration (CCUS) and green cement. Opportunities abound for innovative companies to help Canada realize its climate goals. Entrepreneurs are increasingly exploring the development of climate tech solutions. Electric vehicle (EV) and alternative protein companies are early pacesetters. 2021 was the biggest year ever for climate tech exits 12 . These successes speak to the potential of climate tech solutions to both heal the planet and create viable, lasting companies.
9 ExxonMobil announces ambition for net zero greenhouse gas emissions by 2050 10 Delta joins coalitions driving net-zero future 11 When it comes to a world with zero emissions, we refuse to be number two. 12 SVB:The Future of Climate Tech
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